Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. If you continue browsing the site, you agree to the use of cookies on this website. See our User Agreement and Privacy Policy.

Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. If you continue browsing the site, you agree to the use of cookies on this website. See our Privacy Policy and User Agreement for details.

2.
Environmental Mitigation Policy: Drivers
Lack of consistent standards leading to variation
in the way environmental impacts are addressed
Greater interest in, and lack of awareness of,
financial & other tools to support environmental
mitigation
Need for greater consistency and
transparency for mitigation planning
2

4.
General Principles: Offsets
 Offsets deliver tangible, measurable, on-the-ground
outcomes.
 Outcomes are additional to what otherwise would be
achieved through existing natural resource management
programs or activities.
 Amount of offsetting increases in accordance with the
degree of uncertainty of the effectiveness of the offset
measure(s), the risk to the environmental component or
both.
 Offsetting measures will be designed to obtain the best
result for environmental component in the shortest
timeframe practicable, considering the effort and resources
expended.

5.
General Principles: Offsets
 Offsetting funds will include the full costs of
implementation for the duration of the offset.
 Offsetting measures will be designed to obtain the
best result for environmental component in the
shortest timeframe practicable, considering the
effort and resources expended.
 Offsets need to be legally secured for the duration of
the offset commitment.
 All offsetting-related costs are the responsibility of
the proponent whose project or activity results in the
adverse impact.